TazaPulse

‘Someone has to pay the cost’: RBI governor on MDR proposal for UPI transactions above Rs 2,000

TazaPulseAugust 5, 2026

UPI: Government is also expected to prescribe an upper limit on the maximum MDR that can be charged. Will you have to pay for UPI payments going ahead? The government is expected to permit the levy of a Merchant Discount Rate (MDR) of 0.25% to 0.4% on UPI transactions above Rs 2,000 made to businesses,...

Pm Modi: J&K, Ladakh have entered ‘a decisive new chapter’: PM Modi on Article 370 anniversary | India News

TazaPulseAugust 5, 2026

PM Modi marks 7 years of Article 370 abrogation, says J&K has seen ‘wide-ranging transformation’ NEW DELHI: Prime Minister Narendra Modi on Wednesday marked the seventh anniversary of the abrogation of Articles 370 and 35(A), saying the move ushered in “a decisive new chapter” for Jammu and Kashmir and Ladakh and had led to “wide-ranging...

US-Iran conflict, El Nino: Why RBI did not hike repo rate despite headwinds

TazaPulseAugust 5, 2026

RBI decided not to hike the repo rate, and the policy statement clearly explains the rationale. RBI’s monetary policy in August comes against a backdrop of rising global inflation and central banks raising rates to keep it in check. Yet, RBI governor Sanjay Malhotra-led Monetary Policy Committee on Wednesday decided to keep the repo rate...

Europe drought threatens energy, shipping and growth

TazaPulseAugust 5, 2026

An aerial view shows a former eel fishing boat covered in dried mud among on low water among the banks of the river Rhine near Neuss, western Germany, on July 30, 2026, as the water level in the Rhine is falling to a record low following exceptionally hot weather. Ina Fassbender | Afp | Getty...

Gold price prediction today: Is the worst over for gold? Check August 5, 2026 outlook

TazaPulseAugust 5, 2026

Gold appears to be transitioning from a sharp correction into a consolidation phase. Gold price prediction today: Recent gold price trends suggest that the worst of the downside may be behind us, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers.After a volatile July, gold finally showed signs of...

Child rights body takes up with Meta issue of CSAM ads on Instagram | India News

TazaPulseAugust 5, 2026

FILE PHOTO_ The logo of Meta at the Meta Lab in Los Angeles NEW DELHI: National Commission for Protection of Child Rights (NCPCR) has taken up the issue of alleged advertisements linked to child sexual exploitative and abuse material (CSAM) with Meta and has instituted an inquiry to determine the facts of the matter.Persons in...

21-yr gold quest: Expand mining, make India export hub

TazaPulseAugust 5, 2026

The World Gold Council wants gold classified as a strategic mineral MUMBAI: World Gold Council has come out with a 21-year plan to substantially improve the gold ecosystem in India. The plan, christened Swarnim Udaan and aligned with govt’s Viksit Bharat 2047 vision, aims to build on the strengths that have long distinguished India globally...

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India’s central bank keeps benchmark rates steady, cites ‘moderate’ core inflation

TazaPulseAugust 5, 2026

India’s central bank on Wednesday held interest rates at 5.25% for a fifth time in a row, even as the country’s retail inflation has crossed the Reserve Bank of India’s medium-term target of 4%. Economists polled by Reuters had forecast the policy rate would remain unchanged. The central bank noted that headline inflation had “edged...

Govt ups LIC offer size, OFS India’s biggest

TazaPulseAugust 5, 2026

MUMBAI: Govt on Tuesday opted to sell an additional 4% in LIC in the ongoing offer for sale (OFS) for the life insurance major as the issue was subscribed 3.3 times on the opening day. Including the green shoe option that takes the total offer size to 82.2 crore shares, govt is expected to mop...

West Bengal to fast-track land acquisition to take trains close to Doklam | India News

TazaPulseAugust 5, 2026

This project aims to improve connectivity to the India-China-Bhutan tri-junction area. (Reuters image -representative photo) NEW DELHI: Paving the way for expediting a new railway line to boost connectivity to the border area near the India-China-Bhutan tri-junction, West Bengal govt has given its go ahead for fast-tracking acquisition of around 380 hectares of land. With...